Quote from: darkota on June 20, 2014, 09:49:04 PM

Quote from: lordoliver on June 20, 2014, 09:45:59 PM

Quote from: darkota on June 20, 2014, 09:32:30 PM

Stop trying to make up bullshit excuses. The blockchain doesn't lie and according to the blockchain, Bytecoin was started in 2012 and over 80% of all Bytecoins were mined by a few individuals. Bytecoin's code was also severely messed up aka Crappy, see github for reference. There's no argueing with that. The end.

cmon. you can easily fake a blockchain if you can start it yourself.
just take maybe 2 or 3 Months and rent a bunch of Computers. You set the times of all on the time and set a changing algorithm that smoothy fakes longer time frames. voilà...

Again with the bullshit excuses. There's no point in trying to deny that Bytecoin was practically premined 80% in secret, from 2012 to 2014, and that most of the coins are in the hands of just a few people. The blockchain is proof.

He's 100% right, thought, the timestamp on the blockchain is set by the miner. It's trivial to change your system time to 2 years back and then fast forward through as you mine with an adjusted difficulty algorithm. The CryptoNote whitepaper even acknowledges that timestamps are set by miners and are not absolute:

"But due to inaccurate and untrusted timestamps we cannot determine the exact time interval between blocks. A user can shift his timestamp into the future and the next time intervals might be improbably small or even negative. Presumably there will be few incidents of this kind, so we can just sort the timestamps and cut-o the outliers (i.e. 20%). The range of the rest values is the time which was spent for 80% of the corresponding blocks." - 6.2.1 Difficulty

How do you not know something this basic? Is this the first time you've played with cryptocurrency? Fucking hell, man, get a clue before bolding your bold-faced bullshit.